Stock Screening with RSI, Return, Large-Order Flow, and Daily Range

Summary

This stock selection proposal combines an RSI threshold below 65 with a positive product of price change and a large-order net-flow measure, and requires the daily high-low range to exceed one percent of the previous close. It presents these filters as a way to combine a technical condition, trading activity, and market attention. The article includes indicator logic and a sample implementation, but provides no backtest or performance evidence.

The author warns that individual shares can still decline for valuation or other market reasons, and notes concerns about elevated prices in some secondary-board and growth-board stocks. Suggested refinements include adding indicators or market context, managing position size, and using simulated testing to tune the rules. The proposal is therefore a screening concept, not evidence that the selected shares will outperform; its flow measure and implementation details also warrant independent validation.

Key ideas

• The screen requires RSI below 65 and a daily range greater than one percent of the prior close.
• It combines price change with a large-order net-flow measure as a selection filter.
• The article offers rule logic and sample code but reports no backtest results.
• The author recommends broader risk controls and simulated evaluation.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.